National bank

The term national bank has several meanings:

Related Topics:
National - Bank

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• especially in developing countries, a bank owned by the state
• an ordinary private bank which operates nationally (as opposed to regionally or locally or even internationally)

In the past, the term "national bank" has been used synonymously with "central bank", but it is no longer used in this sense today. Some central banks may have the words "National Bank" in their name; retrospectively if a bank is named in this way, it is not automatically considered a Central Bank. Example: National-Bank AG in Essen, Germany is a privately owned commercial bank, just like National Bank of Canada of Montreal, Canada. On the other side, National Bank of Ethiopia is the Central Bank of Ethiopia and National Bank of Cambodia is the Central Bank of Cambodia

Related Topics:
Central bank - National-Bank AG - National Bank of Canada - National Bank of Ethiopia - Ethiopia - National Bank of Cambodia - Cambodia

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National bank: United States ►